Actuarial Science Youth Bursary 2026 (Centurion/Sandton/Cape Town)

Introduction For over 24 years, Momentum Group has made a strategic investment in the future of both the actuarial profession and the organisation by supporting top-achieving university students. Our bursary programme provides financial assistance to students who are already enrolled in university and are passionate about pursuing a career in Actuarial Science. It enables them to focus on their studies without the burden of financial stress related to tuition and academic expenses

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page
Role Purpose As a succesful recipient of our Actuarial Science Bursary Programme, you will recieve the following:

• Annual registration and tuition fees
• Textbook, general and data allowance
• Accommodation and meal allowance (where applicable)
• Travel allowance (where applicable)
• Mentorship, vacation work and networking opportunities

Requirements

• South African Citizen
• Currently enrolled in any of the following qualifications at an accredited South African university:
  • BSc Actuarial Science
  • BBus Science Actuarial Science
  • BCom Actuarial Science
  • BSc Actuarial and Financial Mathematics
  
  
• Successful completion of first-year actuarial studies
• A minimum grade point average (GPA) of 70% or higher
• Not be a recipient of any other bursary funding for the academic year that funding is applied for

NB: Please attach the following documents with your application:

• Detailed CV including a 1-page motivation letter (upload as one document)
• Certified copy of your matric certificate
• Copy of your most recent academic transcripts (for all years of study)

Duties & Responsibilities As a succesful recipient of our Actuarial Science Bursary Programme, you will be required to achieve and submit the following:

• Any documentation requested to be provided within 5 working days of request.
• Complete the qualification in the time allocated by the University as per agreed timelines at the time the bursary was allocated.
• Pass all subjects in any given academic year.
• Meet the course entry requirements for the next academic year of the Actuarial degree.
• Provide Momentum Group with copies of academic results/records for each semester within 5 working days of receipt from university.
• Provide Momentum Group with copies of the tuition costs, accommodation and meal fees/expenses as well as proof of any other Bursary related expenses.
• Graduate with a minimum of 4 Exemptions by the end of the Actuarial degree.
• Be committed to contribute positively to the Actuarial Profession and to join Momentum Group upon graduation.

Competencies We are looking for students who demonstrate the following competencies:

• Enthusiastic and passionate about the actuarial profession
• Effective communication (written and verbal)
• Problem-solving ability
• Organised, self-disciplined and self-motivated
• Strong sense of integrity and honesty
• Deadline and results-oriented